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HarperCollins

The Essentials of Finance and Accounting for Nonfinancial Managers

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Description

They say that numbers don’t lie, but what if you can’t even read them? Discover how great managers use financial data to guide decisions.Financial analysis reports, budgeting reports, forecasting and measuring reports-- sometimes they all run together, don’t they? The Essentials of Finance and Accounting for Nonfinancial Managers is here to help.This new edition of a business classic demystifies finance and accounting and gives managers the tools they need to make better decisions.Complete with fresh insights, case studies, and street-level exercises to help non-numbers people master the numbers game, this guide reveals how to:Understand the fundamentals of financial analysis, budgeting, and forecastingInterpret balance sheets, income/cash flow statements, and annual reportsSift through conflicting data to find the most relevant figuresLocate key information about competitors and suppliersAnalyze variances and calculate break-even points and other vital measuresThe numbers are too important to allow others to translate for you. The Essentials of Finance and Accounting for Nonfinancial Managers shows you how to read them yourself.Imagine the impact on future decisions when you grasp not only what the numbers mean but can use that insight to drive your business forward. Read more

Publisher ‏ : ‎ AMACOM; Third edition (March 25, 2016)


Language ‏ : ‎ English


Paperback ‏ : ‎ 336 pages


ISBN-10 ‏ : ‎ 0814436943


ISBN-13 ‏ : ‎ 43


Item Weight ‏ : ‎ 1.15 pounds


Dimensions ‏ : ‎ 6 x 0.87 x 9 inches


Best Sellers Rank: #57,861 in Books (See Top 100 in Books) #12 in Managerial Accounting (Books) #42 in Financial Accounting (Books) #699 in Business Management (Books)


#12 in Managerial Accounting (Books):


#42 in Financial Accounting (Books):


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Top Amazon Reviews

    • Very good book. Poor paper quality
Book content is very good. Paper quality is very poor though. Good buy
Reviewed in the United States on July 7, 2023 by Placeholder
    • I went to a top 15 mba program, and this book is still invaluable
Well written, great book for any BBA or MBA graduates to understand and refresh key topics learned while in business school. A lot of accounting professors are not great at teaching why things are the way they are on financial statements, however, this book helps explain concepts so they make sense and therefore are easy to retain. Wish I had read this book before my core financial accounting class in business school. ... show more
Reviewed in the United States on May 18, 2019 by Amazon customer
    • Knowledge
Don’t remember this
Reviewed in the United States on February 26, 2021 by Nicholas
    • So Comprehendable!
Purchased because I get tired of printing the class reading and paying for ink every month. I started reading to complete my assignments, however this is going to be a reference book for me. It is so easy to understand what the author is explaining on the examples. I have actually read half of the book now, just because if goes quick and I am interested in learning the subject matter. ... show more
Reviewed in the United States on May 3, 2019 by Anita Havemann
    • Cursory review
I was excited to read the book based on the relatively good reviews. I scanned the different sections to understand the general approach. I have to say I came to a stop when I looked at the income statement. I was immediately taken aback by the author apparently not including depreciation in cost of goods sold, but rather showing all depreciation as a line item below gross profit. Products generally depend on machinery and equipment in the manufacturing process. The M&E generates depreciation that becomes part of the product cost. So of course, depreciation factors into gross profit. Depreciation also will be part of different categories of expense, whether selling, general or product development. It is not generally isolated as a line item in a profit & loss (P&L) statement. It is a component of cost and most expense line items. Perhaps the author did this to simplify the discussion for later, when he tries to show the linkage between profit and cash flow, for example. But unfortunately it oversimplifies and will confuse managers as they review real statements. ... show more
Reviewed in the United States on May 13, 2024 by John
    • Great Starter Guide
This book is great to get your feet wet in finance and accounting. It breaks down the financial state,ents and takes it a step further by breaking down key concepts of accounting. I recommend this to anyone that needs a high level understanding of financials.
Reviewed in the United States on July 25, 2019 by Jessica Marie
    • Does exactly what it claims, and very efficiently
As someone who understands a lot in finance, "The Essentials of Finance and Accounting for Nonfinancial Managers" isn't really targeted for me. I wanted it to serve as a strong refresher and to update myself. I can see this book being extremely helpful to many managers.
Reviewed in the United States on April 12, 2019 by Lou Schonder
    • Easy to understand and a breeze
using this as a tool for my non-finance managers to explain some concepts. Easy to understand and a breeze!
Reviewed in the United States on April 24, 2018 by Jon Gordon

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